The Central Bank of Nigeria’s decision to retain interest rates at 26.5 percent reflects growing confidence among policymakers...

The Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 26.5 percent, along with other monetary rate parameters.

At its 305th MPC meeting, held on May 19 and 20 in Abuja, the Committee voted unanimously to hold the MPR at 26.5 percent. All other...